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200 59TH Street , #420

OCEAN CITY, MD 21842
  • $215,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: MDWO2037004
UPDATED: 27 min ago
$215,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 954
    SQFT
  • $225
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1989
County:

School Ratings & Info

Description

Prime investment opportunity at the Coconut Malorie Resort in mid-town Ocean City, MD, located next to the iconic Fager’s Island restaurant. This largest 1 BR/1 Bath floor plan in the building, offers extra living space that guests love, making it an ideal short-term rental or vacation get-way with income potential. Guests enjoy resort style amenities including a bayfront outdoor pool, sundeck and walkable access to restaurants, nightlife and the beach. Strong rental appeal thanks to its sough-after location, spacious layout and proximity to Ocean City’s most popular bayside dining and sunset views. Turn-key opportunity to own in one of mid-town’s most recognizable condo resorts. The Coconut Malorie amenities include an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, parking lot, huge lobby for relaxing, on-site security, and front desk agent. The quarterly HOA fee includes all utilities-water, sewer, heat & AC, insurance, cable TV & trash. This mid-town Ocean City, Maryland location is convenient to Rt. 90, the Roland E. Powell Convention Center and many of the city’s local attractions. This unit is currently included in the Coconut Malorie’s rental program.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-05-10T09:52:45.2.
www.ajteamrealty.com/homes/174102471
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200 59TH Street , #420 OCEAN CITY, MD 21842

  • Price: $215,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 27 min ago
  • ID#: MDWO2037004
1
Beds
1
Baths
0
½ Baths
N/A
Acres
954
SQFT
$225
$/SQFT
1989
Built
Neighborhood:
None Available
County:
Worcester
Area:
Bayside Waterfront (84)
School District:
Worcester County Public Schools
Property Description
Prime investment opportunity at the Coconut Malorie Resort in mid-town Ocean City, MD, located next to the iconic Fager’s Island restaurant. This largest 1 BR/1 Bath floor plan in the building, offers extra living space that guests love, making it an ideal short-term rental or vacation get-way with income potential. Guests enjoy resort style amenities including a bayfront outdoor pool, sundeck and walkable access to restaurants, nightlife and the beach. Strong rental appeal thanks to its sough-after location, spacious layout and proximity to Ocean City’s most popular bayside dining and sunset views. Turn-key opportunity to own in one of mid-town’s most recognizable condo resorts. The Coconut Malorie amenities include an outside pool, hot tub, game room, billiard room, fitness center with views of the ocean & bay, 2 elevators, parking lot, huge lobby for relaxing, on-site security, and front desk agent. The quarterly HOA fee includes all utilities-water, sewer, heat & AC, insurance, cable TV & trash. This mid-town Ocean City, Maryland location is convenient to Rt. 90, the Roland E. Powell Convention Center and many of the city’s local attractions. This unit is currently included in the Coconut Malorie’s rental program.
Exterior Features

Architectural Style Coastal Construction Materials Stick BuiltMixed Garage YN No Parking Types Parking Lot Pool Yes - Community Property Condition Very Good Unit Building Type Mid-Rise 5 - 8 Floors Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 954 Appliances DishwasherMicrowaveOven/Range - Electric Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CCeiling Fan(s) Fireplace YN No Furnished Yes Heating Heat Pump(s) Heating YN Yes Inclusions All furnishings as seen Interior Features Breakfast AreaCeiling Fan(s)Combination Dining/LivingCombination Kitchen/DiningElevatorKitchen - Eat-InBathroom - Soaking Tub Levels 1 Main Level Bedrooms 1 Pets Allowed Number Limit Unit Floors 5

Property Features

Acceptable Financing Cash Accessibility Features Elevator Association Amenities Billiard RoomCableConciergeElevatorExercise RoomFitness CenterGame RoomLaundry FacilitiesPool - OutdoorSecurity Association Fee 3618.66 Association Fee Frequency Quarterly Association Fee Includes Air ConditioningCable TVCommon Area MaintenanceElectricityExt Bldg MaintLaundryLawn Care FrontLawn Care RearLawn Care SideLawn MaintenancePool(s)TrashWaterPest ControlInsurance Association Name COCONUT MALORIE Association YN Yes Central Air YN Yes Common Walls 2+ Common Walls Condo YN No Cooling Fuel Electric Elevators 2 Entry Level 4 Federal Flood Zone AE Federal Flood Zone YN Yes Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 804635100886 Ownership Interest Fee Simple Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 2225.00 Tax Lot 420 Utilities Cable TVElectric AvailableWater Available Vacation Rental YN Yes Water Source Public Year Built Effective 2023 Zoning B-1

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-05-10T09:52:45.2.
 
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